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In December 2011, the non-partisan organization Public Campaign criticized CenterPoint Energy for spending $2.65 million on lobbying and not paying any taxes during 2008–2010, instead getting $284 million in tax rebates, despite making a profit of $1.9 billion, and having an executive pay between $12 and $13 million for its top 5 executives. [20]
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OGE Energy is also the former parent of Enogex Inc., a natural gas pipeline business which merged with CenterPoint Energy's midstream business to form Enable Midstream in 2013, [4] in 2021 OGE and CenterPoint sold their general partnership in Enable Midstream to Energy Transfer. [5] OGE Energy and its subsidiaries have about 3,100 employees.
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
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The CenterPoint Energy Plaza, previously the Houston Industries Building, once served as the company headquarters. CenterPoint Energy was created when Reliant Energy merged with an indirect subsidiary of CenterPoint Energy, Inc. As a result of the merger, Reliant Energy shareholders received one share of CenterPoint common stock in exchange for ...